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Queensland Resources Council
Economic Contribution

Since opening this page, the Queensland resources sector has generated the following contribution to the state's economy

$150,552,000

Queensland Resources Council
HomeQueensland resources sectorEconomic contributionTaxes and Royalties - Queensland Resources Council

Taxes and Royalties

Queensland resource companies and their employees pay billions of dollars a year in taxes, charges and royalties to all three levels of government in Australia.

Taxes are paid to the Australian Government (principally through company income tax), the Queensland Government (through payroll tax and royalties), and local city and regional council rates and charges. Royalties are paid to Queensland, as the owner of the resource.

Taxes and royalties are spent by the three levels of governments on behalf of taxpayers across the entire community towards shared services such as health, education, police, community services and roads.